Energy bill H.R.6 was passed and signed into law by president Bush in December 2007. The bill seeks to establish a comprehensive energy plan for the United States. The bill is aimed at addressing multiple problems facing the country.
- The dependence on foreign sources for our energy needs which puts the country in a vulnerable position where national security is concerned.
- The global problem of climate change, of which the United States is one of the largest contributors.
- The depletion of world energy resources.
- The U.S. consumes approximately 25% of the worlds oil production yet estimates are that only 2 to 4 percent of the remaining oil reserves are located within the United States.
- The bill also addresses green job creation.
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